CreditKarma launches credit monitoring iPhone app

The app provides US consumers with the first and only way to get a free credit score and free credit monitoring on-the-go. Consumers who download the app can quickly register for free in minutes.

In addition to receiving a free credit score, Credit Karma Mobile users may also register for free credit monitoring and receive notifications when certain events are reported in their credit report. This service is unique to CreditKarma.com and has never been offered before in an app. Credit monitoring services help consumers monitor and identify possible fraud. According to the Bureau of Justice Statistics an estimated 8.6 million households had at least one person in their family who was a victim of identity theft in 2010.

"We believe free access to one's credit score is a fundamental consumer right. Our iPhone app takes that belief one step further, allowing consumers to access their credit score at any time, no matter where they are. We think these are important free features in an environment of increased reliance on credit and possible identity theft," said Ken Lin, founder and CEO of CreditKarma.com.

Credit Karma Mobile gives users the ability to access their credit profile directly on their iPhones and provides access to: